First National Bank of Omaha bought a new stake in shares of AMETEK, Inc. (NYSE:AME – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 20,605 shares of the technology company’s stock, valued at approximately $3,874,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in AME. Norges Bank purchased a new position in AMETEK during the second quarter valued at $650,613,000. Amundi increased its holdings in shares of AMETEK by 266.1% during the second quarter. Amundi now owns 1,512,966 shares of the technology company’s stock valued at $275,345,000 after acquiring an additional 1,099,748 shares in the last quarter. Invesco Ltd. raised its position in shares of AMETEK by 22.3% in the 2nd quarter. Invesco Ltd. now owns 4,254,475 shares of the technology company’s stock worth $769,890,000 after purchasing an additional 775,078 shares during the last quarter. Compagnie Lombard Odier SCmA purchased a new position in shares of AMETEK in the 3rd quarter worth about $118,311,000. Finally, EdgePoint Investment Group Inc. boosted its stake in AMETEK by 24.4% in the 2nd quarter. EdgePoint Investment Group Inc. now owns 2,926,530 shares of the technology company’s stock worth $529,585,000 after purchasing an additional 573,191 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.
Analyst Ratings Changes
A number of research firms have weighed in on AME. Oppenheimer lowered shares of AMETEK from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 27th. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a report on Saturday. Barclays boosted their price objective on shares of AMETEK from $210.00 to $220.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. KeyCorp upped their price objective on AMETEK from $235.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Finally, Morgan Stanley lifted their target price on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and an average target price of $243.00.
Insider Buying and Selling
In related news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the transaction, the vice president directly owned 22,116 shares in the company, valued at approximately $4,534,885.80. The trade was a 22.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Thomas C. Marecic sold 14,310 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $202.11, for a total value of $2,892,194.10. Following the completion of the sale, the insider owned 42,589 shares of the company’s stock, valued at approximately $8,607,662.79. The trade was a 25.15% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 137,088 shares of company stock valued at $27,212,340. 0.57% of the stock is owned by insiders.
AMETEK Price Performance
Shares of AME opened at $233.15 on Wednesday. The firm has a market cap of $53.67 billion, a PE ratio of 36.43, a P/E/G ratio of 3.28 and a beta of 1.03. AMETEK, Inc. has a 1-year low of $145.02 and a 1-year high of $239.94. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 0.10. The firm has a fifty day simple moving average of $215.74 and a two-hundred day simple moving average of $198.44.
AMETEK (NYSE:AME – Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.94 by $0.07. AMETEK had a return on equity of 16.55% and a net margin of 20.00%.The company had revenue of $2 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the previous year, the company posted $1.87 earnings per share. AMETEK’s revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. On average, equities analysts anticipate that AMETEK, Inc. will post 7.15 EPS for the current year.
AMETEK Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.34 dividend. This is a boost from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date is Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 19.38%.
AMETEK Profile
AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.
The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.
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